$225,000

1901 N 23RD ST, Philadelphia, PA 19121

  • Property Icon other
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Prime investment opportunity in one of Philadelphia’s rapidly growing neighborhoods near Brewerytown and Strawberry Mansion. This expansive 2-story corner property spans 2,850 square feet and comes with approved zoning for five total units—offering the perfect foundation for a profitable mixed-use development. Blueprints are already in place for a thoughtfully designed layout featuring two ground-floor commercial spaces and three residential apartments: one 1-bedroom unit and two 2-bedroom units. The property is currently in shell condition and will require a full renovation from top to bottom, giving investors and developers a clean slate to bring their vision to life. Whether you're looking to build a cash-flowing rental portfolio, flip for resale, or create a live-work scenario, this property offers incredible flexibility and multiple exit strategies. An owner-occupant could reside in one of the units while collecting rental income from the others, significantly offsetting mortgage costs. Similarly, a business owner could utilize one of the commercial spaces and benefit from residential rental income to reduce overhead. The surrounding area has seen significant development and appreciation, making this a timely and strategic acquisition. All zoning approvals and blueprints are readily available, streamlining the path to construction. Don’t miss your chance to invest in a location with strong upside and growth potential—schedule your showing today!

Listing Status:
Active
Listing Office:
RE/MAX @ HOME : 2156073535
Listing Agent:
Maria Maria Quattrone Quattrone : 2156073523
MLS ID:
PAPH2501842
  • A/C: None
  • Heating: None
  • Disability Feature: None

This listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

W

William Dick School

2498 W Diamond St, Philadelphia, PA, 19121

Grades KG-8

0.23 miles away

V

Vaux Big Picture High School

2300 W Master St, Philadelphia, PA, 19121

Grades 12-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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